Study

part 2

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  • ybm, what does yellow box represent
    80-90% of where price action occurs
  • whats important about pre market?
    pre market highs and lows, give us an idea of what our morning range is until broken.
  • as u go higher in wave lengths price action tends to do what with pivot?
    not cross pivot as much
  • what causes a reversion on the fractal?
    cross with a close above or below vector
  • what are the black dashes in the side next to the percent probable band?
    imprints.
  • whats important with news red folders orange folders?
    red meaning high ompact orange semi impact grey folder little to none impact.
  • what does pml stand for and why is it important?
    peak money line and its important because its where all the theta occurs, think of it as a deadzone (chop)
  • what waves lengthsnare good for swing trading?
    w7 w20 with 200-500 dtl
  • what is an iv wall and why is it important?
    iv walls is calculated from spread monster it shows where market makers are positioned, so when we see price get passed iv walls market makers are losing money
  • below daily above vector do we take puts and why?
    no
  • 10 am tells us what? if we cant make a new high or low
    chop
  • what is rule of two?
    need to break previous low or high or we continue with range
  • what do clusters represent?
    support and resistance
  • open states on fractals are made from previous what?
    highs and lows
  • whats the probability of dbl bttm getting achieved
    51% proability
  • when call side and put side are both above vectors what does that signify?
    it signifies that we are in chop and should wait for a trade
  • what does aggregations mean?
    time frame/ bar counts